Tesla Beats Market Expectations on Q3 Revenue... Falls Short on Earnings
On October 22 (local time), Tesla, the electric vehicle company led by Elon Musk, announced that it recorded $28.1 billion in revenue and earnings per share of $0.50 for the third quarter (July to September).
The revenue exceeded the Wall Street consensus of $26.37 billion compiled by market research firm LSEG, but earnings per share fell short of the expected $0.54.
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Earlier this month, Tesla had announced that its third-quarter deliveries increased by 7% compared to the previous year.
This content was produced with the assistance of AI translation services.
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